What is Erste Group Bank’s Forecast for BP FY2026 Earnings?

BP p.l.c. (NYSE:BP) – Research analysts at Erste Group Bank increased their FY2026 EPS estimates for shares of BP in a research report issued to clients and investors on Thursday, April 2nd. Erste Group Bank analyst H. Engel now forecasts that the oil and gas exploration company will post earnings per share of $3.18 for the year, up from their prior forecast of $2.82. The consensus estimate for BP’s current full-year earnings is $3.53 per share.

Other analysts have also recently issued reports about the stock. Freedom Capital cut shares of BP from a “hold” rating to a “strong sell” rating in a research note on Thursday, February 12th. Zacks Research upgraded shares of BP from a “hold” rating to a “strong-buy” rating in a research note on Monday, March 30th. Wolfe Research restated an “outperform” rating and set a $51.00 price objective on shares of BP in a research note on Thursday, December 18th. Evercore set a $38.00 price objective on shares of BP and gave the company an “in-line” rating in a research note on Tuesday, January 6th. Finally, Scotiabank raised shares of BP to a “strong-buy” rating in a report on Friday, March 27th. Four research analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating, ten have issued a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $40.18.

BP Stock Performance

Shares of NYSE BP opened at $45.89 on Thursday. The company has a current ratio of 1.26, a quick ratio of 0.98 and a debt-to-equity ratio of 0.74. BP has a 12 month low of $25.22 and a 12 month high of $48.27. The company has a 50 day simple moving average of $41.38 and a two-hundred day simple moving average of $37.33. The stock has a market cap of $120.32 billion, a price-to-earnings ratio of -4,584.32, a PEG ratio of 0.86 and a beta of 0.21.

BP (NYSE:BP) last released its earnings results on Monday, February 9th. The oil and gas exploration company reported $0.60 EPS for the quarter, topping analysts’ consensus estimates of $0.57 by $0.03. The company had revenue of $47.38 billion during the quarter, compared to analysts’ expectations of $42.19 billion. BP had a net margin of 0.03% and a return on equity of 9.68%. BP’s revenue for the quarter was up 3.6% on a year-over-year basis. During the same period last year, the business earned $0.44 EPS.

Hedge Funds Weigh In On BP

Several institutional investors have recently made changes to their positions in BP. Strategic Advocates LLC purchased a new position in shares of BP during the 3rd quarter valued at approximately $25,000. Heartwood Wealth Advisors LLC acquired a new position in BP during the third quarter worth $26,000. YANKCOM Partnership raised its position in BP by 1,068.3% during the fourth quarter. YANKCOM Partnership now owns 958 shares of the oil and gas exploration company’s stock worth $33,000 after acquiring an additional 876 shares during the period. Triumph Capital Management acquired a new position in BP during the third quarter worth $43,000. Finally, LRI Investments LLC raised its position in BP by 76.2% during the fourth quarter. LRI Investments LLC now owns 1,276 shares of the oil and gas exploration company’s stock worth $44,000 after acquiring an additional 552 shares during the period. 11.01% of the stock is owned by hedge funds and other institutional investors.

BP Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, March 27th. Stockholders of record on Friday, February 20th were issued a dividend of $0.4992 per share. This represents a $2.00 annualized dividend and a dividend yield of 4.4%. The ex-dividend date of this dividend was Friday, February 20th. BP’s payout ratio is -19,800.00%.

BP News Roundup

Here are the key news stories impacting BP this week:

• Positive Sentiment: Erste Group raised its FY2027 EPS forecast for BP to $3.42 (from $3.30), reflecting improved earnings visibility; this modest upgrade supports medium?term earnings expectations. Erste upgrade / Marketbeat
• Positive Sentiment: BP was added to Zacks’ Rank #1 (Strong Buy) and its Strong Buy value list, bringing buy?rating momentum from at least one major independent research provider. Zacks Rank #1 addition
• Positive Sentiment: BP reported a recent quarter beat: EPS of $0.60 vs. consensus $0.57 and revenue above estimates, indicating underlying cash?generation resilience even as margins remain pressured. Earnings / Marketbeat
• Positive Sentiment: BP announced a new offshore gas discovery in Egypt’s Eastern Mediterranean, which can add to upstream resource value and long?term gas supply optionality. Egypt gas discovery
• Neutral Sentiment: BP sold 13 Thorntons retail sites as part of a portfolio optimization, a small disposals move that tidy ups non?core retail exposure but has limited near?term earnings impact. Thorntons sale
• Neutral Sentiment: Coverage pieces and watchlists (e.g., Zacks commentary listing BP among best value/strong buy stocks) add visibility but don’t immediately offset macro/commodity moves. Zacks best value list
• Negative Sentiment: Oil prices fell after reports of a US?Iran two?week ceasefire and signs the Strait of Hormuz could reopen; falling crude directly pressures BP’s upstream cash flow expectations and drove contemporaneous share weakness. Oil slump / ceasefire
• Negative Sentiment: Governance and investor activism risk: Glass Lewis urged shareholders to oppose chair William (Manifold) after the board blocked a climate resolution, and the chair faces a re?election battle — heightening uncertainty around BP’s strategic balance between oil & gas and transition goals. Glass Lewis / Irish Times FT chair re-election battle
• Negative Sentiment: Coverage noting an investor rebellion over BP’s renewed focus on oil & gas underscores reputational and strategic risks that can weigh on the stock until governance issues settle. Investor rebellion / climate snub

BP Company Profile

BP plc is a British multinational integrated energy company headquartered in London. Originating in the early 20th century as the Anglo-Persian Oil Company, BP has grown into one of the world’s largest oil and gas companies, operating across exploration and production, refining and marketing, trading, and a range of low-carbon businesses.

The company’s core activities include upstream exploration and production of crude oil and natural gas, midstream and trading operations, and downstream refining, marketing and supply of fuels, lubricants and petrochemicals.